Options:
A. Debit card
B. Loyalty card
C. Fleet card
D. Credit card
Answer: D. Credit card
Explanation: A credit card is an electronic payment system which uses cards that are linked to a bank account, this card allows you to make purchases online in order to pay later.
A credit card allows its holders to borrow money from financial institutions with the aim of not exceeding the Financial limits. Financial limits are determined by the issuers of the card based on a person's credit history and amount of minimum savings which are expected.
When a company sponsors motor sports and other action-oriented events, it is utilizing the <span>events and experiences</span> mode of communication from the marketing communication mix.
When a company is sponsoring an event they are marketing themselves by being part of the event. They commonly have banners, tables, flyers and commercials that get their brand out by making it knowing they are sponsoring or going to be apart of an event.
Answer:
The dirty price of a bond is referred to:
- The actual price of the bond.
- Also the cash flows in futureand its values.
Explanation:
Dirty price of bond: The dirty price of bond is referred to the actual and present value of the bond.
Also is referred to the present value of the bonds or the future cash flows.
In financial terms a dirty price of bond is said to be the bond's price which is including all the interests which has been added up since the most recent payment of the coupon.
Price quote of a bond: The price quote of a bond is referred to bond's clean price as it does not affects or reflects on all the interests which have been calculated for the bond since of its most recent coupon payment.
Bonds gets always quotes in terms of clean price but the financial investos always pay them in terms of Dirty price until the bond has to be purchased on the given date of coupon's payment.
Answer:
Debit Credit
Work in process inventory $15,000
Manufacturing overhead clearing account $15,000
Explanation:
First determine the amount of applied overhead which can be calculated as follows
Applied overhead=Rate per machine hour*number of hours
Applied overhead=$5*3,000=$15,000
The journal entry for the applied overhead shall be made as follow
Debit Credit
Work in process inventory $15,000
Manufacturing overheads clearing account $15,000
<h3>Hello there!</h3>
Your question asks what the purpose of a safety stock is.
<h3>Answer: B). control the likelihood of a stock out due to variable demand and/or lead time.</h3>
The reason why answer choice "B). control the likelihood of a stock out due to variable demand and/or lead time" is the correct answer because companies have safety stocks to control the chances of having a stock out.
Safety stocks are also known as a "reserve" for a company, in other words, stocks that a company doesn't touch. It's to ensure that companies don't go through a time where there's an increase in demand while there is a "delay" in production.
If a companies stock demand goes up, but then they can't "produce" the amount that is needed to meet the demand, then they will go through "stock out" and have to go through what is called "stock out costs."
Safety stocks are also known as a "rainy-day" stock, due to the fact that safety stocks are used when a company are not having a great day with the "demand" / "value" of their stocks. It's just to "ensure" / "keep the company safe" from a huge stock out.
<h3>I hope this helps!</h3><h3>Best regards, MasterInvestor</h3>
